Business & Money | Thursday 21 August, 2025 12:00 pm

Masdar receives ‘AA-’ credit rating with stable outlook by S&P Global Ratings

Masdar has been assigned a ‘AA-’ credit rating with a stable outlook by S&P Global Ratings, reinforcing its position as a global clean energy leader. This new rating reflects Masdar's diversified global position, strong growth prospects, and disciplined financial policies, including...

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Business & Money | Thursday 21 August, 2025 12:00 pm

UAE General Civil Aviation Authority issues new civil aviation regulation on Aerodrome Crisis Management

The UAE General Civil Aviation Authority (GCAA) has officially published its Civil Aviation Regulation (CAR) on Aerodrome Crisis Management (ACM) a bespoke regulation designed to transform how aerodromes prepare for, respond to, and recover from crises, emergencies, and operational...

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Business & Money | Thursday 21 August, 2025 12:00 pm

TAQA secures AED8.5 billion term loan to advance growth strategy

Abu Dhabi National Energy Company (TAQA) today announced it has secured an AED8.5 billion corporate term loan facility. The transaction underscores TAQA’s commitment to maintaining a strong and flexible balance sheet while supporting its long-term growth strategy and capital planning. The...

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Business & Money | Thursday 21 August, 2025 12:00 pm

Ministry of Economy & Tourism participates in 'Women’s Economic Dialogue' in China

The Ministry of Economy and Tourism took part in the ‘Women’s Economy Dialogue’ in Guangzhou, People’s Republic of China. This comes as part of the UAE’s celebrations of Emirati Women’s Day 2025, held under the theme ‘Hand in Hand, We Celebrate 50 Years,’ The event was...

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Business & Money | Thursday 21 August, 2025 12:00 pm

Abdullah Al Rajhi: Employing the Children of Social Security Beneficiaries is Central to alrajhi bank’s CSR Commitment

Abdullah bin Sulaiman Al Rajhi, Chairman of alrajhi bank, affirmed that empowering social security beneficiaries is a core pillar of the bank’s corporate social responsibility strategy. He stressed the bank’s dedication to advancing Saudization at all levels, while providing high-quality...

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Business & Money | Thursday 21 August, 2025 12:00 pm

Sadr inks SAR 294.3M logistics service contract for Sadr Park

Sadr Logistics Co. signed today, Aug. 20, a warehousing services contract (PL2) with Starlinks for its Sadr Park project. The contract is worth SAR 249.34 million (excluding VAT), the company said in a Tadawul statement. The contract is for a period of 10 years, starting from September 2025....

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Business & Money | Thursday 21 August, 2025 12:00 pm

SRC gets SAMA’s nod to launch residential mortgage-backed securities

The Saudi Central Bank (SAMA) granted Saudi Real Estate Refinance Co. (SRC) a no-objection clearance to launch residential mortgage-backed securities (RMBS) in the domestic market, the bank said in a statement. This program is designed to strengthen the sector's financing capacity by...

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Technology & IT | Thursday 21 August, 2025 11:47 am

HONOR Launches MagicPad3 Ushering in a New Era of Ultra-Slim AI-Enhanced Productivity

HONOR a global leading AI device ecosystem company had unveiled the sleek and powerful HONOR MagicPad3, designed for today's on-the-go professionals and creators. Weighing just 595g and with a slim profile of 5.79mm in thickness, this ultra-portable tablet combines a stunning 13.3-inch LCD display, ...

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Business & Money | Thursday 21 August, 2025 9:15 am

The Network Effect Behind GRA's Worldwide Winners' Circle

Last month, Jethro Sparks received an email that perfectly captured the Global Recognition Awards' evolution. A hospitality company in Singapore had just secured a major partnership with a tech firm in Switzerland, and both businesses happened to be GRA winners. They had connected through the...

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Business & Money | Thursday 21 August, 2025 9:13 am

72-Hour Forbes Feature vs. 6-Month Traditional PR: What Entrepreneurs Have Been Waiting For

The conference room falls silent. Another entrepreneur slumps back in their chair, having just received news that their $15,000 monthly PR retainer was still unable to get the coverage they hoped they would. Meanwhile, a competitor celebrates securing a Forbes placement, which could only mean a...

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